(ETHA)
Max Pain By Strike
ETHA trades at $34.82, 8.8% above the near-term max pain of $32 expiring Aug 29, 2025 (2 days). Expect downward pressure as dealers benefit from price declining toward max pain. Max pain is rising across expirations ($20-$33), reflecting growing call interest at higher strikes. Key magnetic zone at 32 where 5 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Max Pain By Expiry
Max pain for ETHA shows an upward trend from 20 to 33, suggesting bullish positioning in longer-dated options. The 46% spread signals divergent expectations across timeframes. Most levels below 34.82 may cap rallies. Strong magnetic level at 32 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 29, 2025 | 32 | -2.82 (-8.10%) |
| Sep 5, 2025 | 32 | -2.82 (-8.10%) |
| Sep 12, 2025 | 32 | -2.82 (-8.10%) |
| Sep 19, 2025 | 27 | -7.82 (-22.46%) |
| Sep 26, 2025 | 31.5 | -3.32 (-9.53%) |
| Oct 3, 2025 | 33 | -1.82 (-5.23%) |
| Oct 17, 2025 | 30 | -4.82 (-13.84%) |
| Nov 21, 2025 | 32 | -2.82 (-8.10%) |
| Dec 19, 2025 | 20 | -14.82 (-42.56%) |
| Jan 16, 2026 | 26 | -8.82 (-25.33%) |
| Feb 20, 2026 | 25 | -9.82 (-28.20%) |
| Mar 20, 2026 | 30 | -4.82 (-13.84%) |
| Apr 17, 2026 | 24 | -10.82 (-31.07%) |
| Jan 15, 2027 | 20 | -14.82 (-42.56%) |